1749 S 6th Avenue, Tucson, AZ 85713 (MLS# 2509483)

1749 S 6th Avenue, Tucson, AZ 85713

$1,400,000
Property Type: Multi-Family Square Footage: 15,365 Lot Size (sq. ft.): 21 Status: Closed
Current Price: $1,400,000 List Date: 8/29/2005 Last Modified: 10/26/2024

Description

Parcel #s 118-18-1800, 118-18-1880, 118-18-1930, 118-181940. Motel - 32 rooms with kitchenettes. Mobile Home Park - 25 Spaces.

More Information MLS# 2509483

Address Information

Country: USA Street #: 1749 Direction: S Street Name: 6th Suffix: Avenue State/Province: AZ Zip Code: 85713 County: Pima

Location, Tax & Legal

Tax Year: 2004 Taxes: 12261 Assessments: 0 Legal Description: Lots 1-3 & 8-14 Blk 15 Chattman's Add Bk 2 P22 Lots 15-16-17 & N 1/2 lot 18 Blks Hughes Sub Bk 3. Township: 14 Community: None Range: 13 Section: 24 Municipality/Zoning: Tucson - SR Fire Protection: Included in Taxes Tax Code: 118-18-1800 Area: South Subdivision: Chattmans Add

Status Change Info

Off Market Date: 2005-10-31 Sold Price/SqFt: 91.11 Lot Sz Sold Prc/SqFt: 18.29 How Sold: Cash Pending Date: 2005-10-01 Sold Date: 2005-10-31 Sold Price: $1,400,000

Showing Information

Directions: South on 6th Avenue from 22nd Street.

General Property Information

Lot Dimensions: 180x200x150x130x300x330x30x85 Lot Acres: 1.76 Lot Sqft: 76518 Lot Size Source: Assessor List Price/SqFt: 106.74 Lot Size Price/SqFt: 21.43 Combined SqFt: 15365 Year Built: 1939

Unit Info

# of Units/1 BR: 15 Avg Mo Rent/1 BR: 870 # of Units/2 BR: 13 Avg Mo Rent/2 BR: 1080 # of Units/3 BR: 4 Avg Mo Rent/3 BR: 1230 # of Units/Other: 25 Avg Mo Rent/Other: 160

Income

Vacancy Loss: 74000 Other Income: 45000 Adjusted Gross: 341000 Total Expenses: 150888 Gross Scheduled Rent: 370000 Net Opp Income: 190112

Analysis

Gross Rent Multi: 4.8 Vacancy Rate %: 20 Exp/SqFt: 9.82 Exp % of Gross: 44.24 Cap Rate %: 11.59

Construction

Masonry Stucco: 1

Expenses

Admin Expenses: 62000 Gas/Electric: 10389 Insurance: 5641 Maintenance Supplies: 30965 Taxes/Assessments: 12261 Water/Sewer: 11794 Other Expenses: 17838

Sewer

Connected: 1

Water

Public: 1

Main Cooling

Evaporative Cooling: 1 Wall Unit(s): 1 Zoned: 1

Main Heating

Wall Furnace: 1

Interior Features

Furnished: 1 Interior Steps: Yes

Security

None: 1

Sold Info

Down Payment: 15000 Financing: 1

Property Disclosures

Lead Based Paint: 1

Miscellaneous

Master Elec Meter: Yes Master Gas Meter: Yes Master Water Meter: Yes Package Available: Yes

Contract Information

Current Price: $1,400,000 Sold Price: $1,400,000 Listing Date: 2005-03-30 Status: Closed

Remarks Misc

Geo Lat: 32.201348 Geo Lon: -110.967251

Property Features

Construction: Masonry Stucco Interior Features: Furnished Main Cooling: Evaporative Cooling; Wall Unit(s); Zoned Main Heating: Wall Furnace Sewer: Connected Water: Public Security: None Property Disclosures: Lead Based Paint Sold Info: Financing
Listing Office: MH&K Realty
Last Updated: October - 26 - 2024
1749 S 6th Avenue, Tucson, AZ 85713- MLS# 2509483
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